Hot Pick Of The Day

[ninner]

newborn...what are your current positions....and how long do you hold a stock for....i get the feeling you dont let the stock ride and you take quick daily gains!!!! Just curious

cheers

[Runner]

Ninner, what do you think of the fa on SMTS?

[ninner]

runner do u subscribe to IBD daily charts...i personally would look at their revenues and see if its accelerating or slowing down. Ie look at google....they are showing ARG and that is why people will pay 300 dollars per share for their stock. Another example is TOL ...they are showing ARG and the stock price is going up....of course the stock has to rest for awhile to digest some ot its gains...but for example TOL if u look at the weekly chart.. i dont see any large selling. One stock i would watch is QSII....i wouldnt buy it now because its in the midst of a correction however they are showing ARG and its down 23%...I would write the symbol down and watch it and when u see some big volume and i would start buying, the whole computer medical software is hot right now. If you dont have ibd you can go to their website and look at their financials and see how their revenues are. As for SAFM ...i would not be a buyer right now...their revenues have been slowing over the last few quarters!!!

[Runner]

The chart on SMTS looks pretty good. Volume seems to be coming in very well the last few weeks. Might be one to keep an eye on. It may have put in a MSH and if this is true a better entry price may be coming!

[Runner]

Ninner, I do not have IBD. What is the link to the site? I normally will stay in a position until the chart tells me to leave. 3 lower highs and 3 lower lows is usually all it takes for me to head for the hills.

[ninner]

well they are showing increased revenues over the past 4 quarters..however, their earnings isnt the greatest...the chart looks interesting and ibd gives them a SMR rating of an A whichi good ...might be worth watching looks like a pretty volatile stock...good for a momentum play...Personally, i think i would watch it (I think thats what i will be doing and see what it does here) Poor cash flow and curious to why they have increased revs in Feb05 from Nov 04 yet earnings when down 2 cents!!!

[Runner]

Ninner, is this good FA on SMTS ??http://moneycentral.msn.com/investor...S&stmtView=Qtr

[ninner]

yah that is good enough!! I like to listen to conferance calls as well (i kknow its a lot more work) esp when the company is answering analysts questions...u call usually tell if the analysts is pleased with a company or not. It helped me get out of CKCM when it had that big dive with alot of my profit...the ceo was brutal on that conf call!!!!

[Runner]

I've been stalking MRVL for awhile and it might be getting ripe soon.

http://moneycentral.msn.com/investor/invsub/results/hilite.asp?Symbol=mrvl

http://news.moneycentral.msn.com/ticker/sigdev.asp?Symbol=mrvl

[ninner]

yah i agree but i think the big move will be in the 3rd and 4th quarter for the stock....i believe tech does better in the latter part of the year...i agree with newborn i think its going down abit from here but its on my watch list and hopefully we will be right and able to catch some gains on it.

[ninner]

one think i like about MRVL is that as its coming down the 50 day ma volume has been generally lower and even when there has been spikes in the daily volume the price hasnt really gone down that much.... that tells me the sellers are slowly leaving and that the big boys are reluctant to give up their shares..which MIGHT signify buying could be on the horizon!!!

[ninner]

One sector to watch in the second half is OIL and Natural gas....whether its exploration, drilling, equipment, refining....I dont see prices going down anytime soon.. and i dont care what people say the supply problems for the longer term are still there which will lead to higer demand which will help the companies!!!

[Runner]

MRVL:

[Runner]

One sector to watch in the second half is OIL and Natural gas....whether its exploration, drilling, equipment, refining....I dont see prices going down anytime soon.. and i dont care what people say the supply problems for the longer term are still there which will lead to higer demand which will help the companies!!!

What are some of the Tickers your looking at in this sector?

[ninner]

well for the drillers im looking DO, RIG, and UNT, equipment...i like HYDL and GRP, and exploration any constructive pullback on swn....and im ....u guessed it backing up the truck.....i also like UPL(i think its acting better now), and KWK is a good one. oh yah and one i have been following for awhile is XTO.